Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND STATEMENTS OF OTHER COMPREHENSIVE INCOME/(LOSS) (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND STATEMENTS OF OTHER COMPREHENSIVE INCOME/(LOSS) (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Revenue:        
Fee and commission income $ 12,274   $ 31,033  
Net gain/(loss) on trading securities 11,641   12,669  
Interest income 2,976   11,823  
Net gain on derivatives 0   0  
Net gain/(loss) on foreign exchange operations (498)   (3,746)  
TOTAL REVENUE, NET 26,393   51,779  
Expense:        
Interest expense 3,180   11,471  
Fee and commission expense 1,422   3,155  
Operating expense 12,117   31,272  
Other expense, net 229   581  
Loss from disposal of subsidiary 0   15  
TOTAL EXPENSE 16,948   46,494  
NET INCOME/(LOSS) BEFORE INCOME TAX 9,445   5,285  
Income tax (expense)/benefit (545)   (1,009)  
NET INCOME/(LOSS) 8,900   4,276  
OTHER COMPREHENSIVE INCOME/(LOSS)        
Change in unrealized gain on investments available-for-sale, net of tax effect 0   0  
Reclassification adjustment relating to available-for-sale investments disposed of in the period, net of tax effect 0   22  
Foreign currency translation adjustments, net of tax effect (5,596)   (17,836)  
COMPREHENSIVE INCOME/(LOSS) $ 3,304   $ (13,538)  
BASIC NET INCOME/(LOSS) PER COMMON SHARE (In US Dollars) $ 0.15   $ 0.07  
DILUTED NET INCOME/(LOSS) PER COMMON SHARE (In US Dollars) $ 0.15   $ 0.07  
Weighted average number of shares (basic) 58,038,864   58,035,103  
Weighted average number of shares (diluted) 58,248,924   58,225,549  
(Recast)        
Revenue:        
Fee and commission income   $ 2,454   $ 7,526
Net gain/(loss) on trading securities   (8,108)   31,408
Interest income   2,991   6,778
Net gain on derivatives   867   687
Net gain/(loss) on foreign exchange operations   366   1,989
TOTAL REVENUE, NET   (1,430)   48,388
Expense:        
Interest expense   4,610   9,825
Fee and commission expense   855   1,647
Operating expense   6,696   14,149
Other expense, net   290   281
Loss from disposal of subsidiary   0   0
TOTAL EXPENSE   12,451   25,902
NET INCOME/(LOSS) BEFORE INCOME TAX   (13,881)   22,486
Income tax (expense)/benefit   413   (552)
NET INCOME/(LOSS)   (13,468)   21,934
OTHER COMPREHENSIVE INCOME/(LOSS)        
Change in unrealized gain on investments available-for-sale, net of tax effect   (168)   (121)
Reclassification adjustment relating to available-for-sale investments disposed of in the period, net of tax effect   0   0
Foreign currency translation adjustments, net of tax effect   3,131   (3,250)
COMPREHENSIVE INCOME/(LOSS)   $ (10,505)   $ 18,563
BASIC NET INCOME/(LOSS) PER COMMON SHARE (In US Dollars)   $ (0.30)   $ 0.83
DILUTED NET INCOME/(LOSS) PER COMMON SHARE (In US Dollars)   $ (0.30)   $ 0.83
Weighted average number of shares (basic)   45,018,578   26,341,542
Weighted average number of shares (diluted)   45,018,578   26,434,930